Banxico is expected to cut rates by 50 basis points, from 10% to 9.50%, according to economists polled by Reuters. Mexico’s latest inflation figures for the first fifteen days of January reached the ...
Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
Below is a table showing 365 days of historical exchange rates data for the year of 2023, covering the Mexican Peso (MXN) to US Dollar (USD) conversion. Converting Mexican Peso (MXN) to US ...